The Latest Breaking News from National Debt

Bitcoin (CRYPTO: BTC) critic and economist Peter Schiff issued warnings on Friday about America’s mounting debt crisis, linking current fiscal challenges to the 1971 decision that ended the gold standard. The warning comes as national debt has surged $9 trillion in four years to reach $37.09 trillion.

Sen. Cynthia Lummis (R-Wyo.) on Thursday backed a “budget-neutral approach” to building a Strategic Bitcoin (CRYPTO: BTC) Reserve, opposing the idea of purchasing additional BTC to address the mounting national debt.

The U.S. government’s gross national debt has surpassed $37 trillion, setting a new record

It’s the equivalent of a new payroll tax or a 17% cut in the size of the military, according to a top think tank.

Trump's budget reconciliation law could have a large impact on American economics. In particular, how could the national debt impact Americans' wallets?

President Donald Trump recently suggested that revenue from tariffs could be returned to Americans in the form of rebate checks. He floated the idea as a way to give back to "people of a certain income level," noting that the U.S. is generating "so much money" from tariffs.

Federal overspending is squeezing states and cities, forcing them to raise taxes, slash services, or pile on more debt.

Behind the headlines, there's a national debt crisis brewing. Here's the warning for investors, and the assets that could be crucial to a well-rounded portfolio.

While there are still more than three years to go, one of the most consequential acts of President Donald Trump’s second administration will likely be his signing of the One Big Beautiful Bill (OBBB) Act into law. The OBBB was quite controversial -- even among Trump’s fellow Republicans -- due…